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What are the projected cap and lux tax figures for next year?
Posted on 1/10/13 at 2:18 pm
Posted on 1/10/13 at 2:18 pm
Assuming we pick up the options on Lopez and Darius Miller (I really don't see us renewing Roberts and Thomas), that would put our spending for next season at $40,865,965.
This year, the salary cap is set at $58,044,000 and the lux tax is $70,307,000. Does anybody know if that number is projected to rise,fall,or stay the same next season?
I'm just trying to get a rough number in my head of how much money we will have free next year.
This year, the salary cap is set at $58,044,000 and the lux tax is $70,307,000. Does anybody know if that number is projected to rise,fall,or stay the same next season?
I'm just trying to get a rough number in my head of how much money we will have free next year.
4
Posted on 1/10/13 at 2:21 pm to Broski
No one knows yet but the expectation is a slight bump of the cap to around $60 million and I'd assume a similar bump to the tax threshold.
Posted on 1/10/13 at 2:22 pm to Broski
I think I remember reading that is projected to stay EXACTLY the same. No change whatsoever.
Edit: I could be wrong based on TigerinATL's thoughts but I just found one blurb that said it was staying the same from an unreliable place.
Edit: I could be wrong based on TigerinATL's thoughts but I just found one blurb that said it was staying the same from an unreliable place.
This post was edited on 1/10/13 at 2:23 pm
Posted on 1/10/13 at 2:22 pm to Broski
should be pretty close to that, it has been around that figure for a few years. if anything it would come down some
Posted on 1/10/13 at 2:25 pm to Fun Bunch
quote:
I think I remember reading that is projected to stay EXACTLY the same.
The first 2 years of the CBA it was set to stay exactly the same. Next year is the first year it will be pegged to BRI and the expectations are a slight rise.
Posted on 1/10/13 at 2:29 pm to Broski
quote:
Assuming we pick up the options on Lopez and Darius Miller (I really don't see us renewing Roberts and Thomas), that would put our spending for next season at $40,865,965.
I think Thomas has a better chance of sticking than Miller. Miller had 4 years in college to grow his game and still can't find the court.
Posted on 1/10/13 at 2:29 pm to TigerinATL
So it is safe to assume we will have atleast $18M to work with?
Posted on 1/10/13 at 2:34 pm to Broski
quote:
So it is safe to assume we will have atleast $18M to work with?
You have to add minimum roster holds to the $40 million to get the roster up to 12 and the minimum is around $490k IIRC so basically add $2 million to your figure. So if the cap goes up $2 million or so then the Hornets would have about $18 million in cap space.
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